Electronic equipment insurance Proposal
This policy provides indemnity to electronic equipment against sudden and unforeseen physical loss or damage to
the equipment in a manner necessitating repair or replacement including theft, transit risks and cover to laptops on
a worldwide basis. This policy covers material damage for many types of low and medium electrical equipment like;
Electrical data processing equipment including computers of all types, external data media (e.g. Punched cards,
tapes etc.), Electrical and radiation equipment for medical use, Communication facilities.
Other miscellaneous equipment, television equipment used for industrial purposes, film and television equipment,
analyzing facilities, electronic microscopes, time keeping devices, paging and signalling systems.
It also covers loss of information suffered by external media used in computing facilities (software) and additional
expenses for computer operation which arise if the insured’s computer breaks down and arrangement of hired
computing facilities become necessary (Increased cost of working)